Worth reading
85Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
37
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending July 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥14,861 million+26.5%
Operating profit¥1,440 million+37.0%
Ordinary income¥1,202 million+67.0%
Net income¥859 million +86.7%interim net income attributable to owners of the parent
Results for the three months of the current quarter
Net Sales
¥14,861 million+26.5%
Ordinary income
¥1,202 million+67.0%
Full-year earnings forecast
Net Sales
¥37,600 million
Operating profit
¥3,800 million
Ordinary income
¥3,000 million
Profit attributable to owners of the parent
¥2,000 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales39.5%
Operating profit37.9%
Ordinary income40.1%
Interim net income43.0%
EL FARO・MIJAS売却見込約81%（通期計画37棟前後に対して30棟）
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
概ね計画通り進捗Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in revenue
Development Business+2759百万円
Construction+¥411 million
Rental Operations-¥36 million
Brokerage Business-JPY 34 million
Adjustments and other+¥9 million
Increase in cost of sales
Real estate development business costs-2178百万円
Construction business costs-¥353 million
不動産賃貸原価+¥18 million
Increase in SG&A expenses
Personnel Expenses+¥33 million
Expenses-239百万円
Increase in non-operating income
Compensation received+¥221 million
Insurance Proceeds-¥11 million
Increase in non-operating expenses
Interest expenses-¥72 million
Fees paid-¥48 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
新築1棟投資用物件引渡し37棟
New initiatives
- 新築1棟投資用賃貸マンションの新ブランド『LOS ARCOS』を展開
- 管理物件へのスマートロック導入
- 千葉銀行とのコミットメントライン契約
- 銀座の商業ビルを都市型高級レジデンスへフルリノベーション
Key KPIsA metric the company considers important as a management benchmark.
- EL FARO・MIJAS売却棟数16 buildingsYear on year against the same period last year+1 building
- 収益用不動産売却棟数1 buildingsYear on year against the same period last year+1 building
- 開発用事業用地売却件数2 PropertyYear on year against the same period last year-1物件
- Units under management5,951 unitsYear on year against the same period last yearincreased year on year
- 棚卸回転率0.7 timesYear on year against the same period last year約0.5回から上昇
- 竣工引渡し棟数11 buildingsYear on year against the same period last year+1 building
Segment results
Real estate development
Net Sales
¥11,957 million+30.0%
Segment profit
¥1,484 million+22.5%
Real Estate Leasing Business
Net Sales
¥780 million-4.5%
Segment profit
¥20 million+771.7%
Construction
Net Sales
¥2,126 million+24.0%
Segment profit
¥12 million
Year-on-year change+91百万円
Medium-term management plan targets
Operating profit
¥5,200 million
Target fiscal yearFiscal year ending July 2028
Net Sales
¥45,000 million
Target fiscal yearFiscal year ending July 2028
Additional information設立60周年に向け、2020年7月期から営業利益10倍を計画
Financial targets
ROE15% or higher
Actual results19.8%（2025年7月時点）
Number of employees
Number of Employees151 people
Standard2025年7月末時点・連結
Annual Dividend
¥13 per share
Breakdown中間6.5円、期末6.5円（予想）
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending July 2026 |
| Net Sales | ¥14,861 million (YoY +26.5%) |
| Operating profit | ¥1,440 million (YoY +37.0%) |
| Ordinary income | ¥1,202 million (YoY +67.0%) |
| Net income | ¥859 million (interim net income attributable to owners of the parent) (YoY +86.7%) |
| Results for the three months of the current quarter | Net Sales ¥14,861 million (YoY +26.5%) / Ordinary income ¥1,202 million (YoY +67.0%) |
| Full-year earnings forecast | Net Sales ¥37,600 million / Operating profit ¥3,800 million / Ordinary income ¥3,000 million / Profit attributable to owners of the parent ¥2,000 million |
| Progress against full-year forecast | Net Sales 39.5% / Operating profit 37.9% / Ordinary income 40.1% / Interim net income 43.0% / EL FARO・MIJAS売却見込 約81%（通期計画37棟前後に対して30棟） |
| Self-assessment against the plan | 概ね計画通り進捗 |
| Segment results | Real estate development Net Sales ¥11,957 million (YoY +30.0%) / Segment profit ¥1,484 million (YoY +22.5%) / Real Estate Leasing Business Net Sales ¥780 million (YoY -4.5%) / Segment profit ¥20 million (YoY +771.7%) / Construction Net Sales ¥2,126 million (YoY +24.0%) / Segment profit ¥12 million |
| Breakdown of Factors Affecting the Change | Increase in revenue Development Business +2759百万円 / Construction +¥411 million / Rental Operations -¥36 million / Brokerage Business -JPY 34 million / Adjustments and other +¥9 million / Increase in cost of sales Real estate development business costs -2178百万円 / Construction business costs -¥353 million / 不動産賃貸原価 +¥18 million / Increase in SG&A expenses Personnel Expenses +¥33 million / Expenses -239百万円 / Increase in non-operating income Compensation received +¥221 million / Insurance Proceeds -¥11 million / Increase in non-operating expenses Interest expenses -¥72 million / Fees paid -¥48 million |
| Key KPIs | Indicator name EL FARO・MIJAS売却棟数 / Value 16 buildings / Year on year against the same period last year +1 building, Indicator name 収益用不動産売却棟数 / Value 1 buildings / Year on year against the same period last year +1 building, Indicator name 開発用事業用地売却件数 / Value 2 Property / Year on year against the same period last year -1物件, Indicator name Units under management / Value 5,951 units / Year on year against the same period last year increased year on year, Indicator name 棚卸回転率 / Value 0.7 times / Year on year against the same period last year 約0.5回から上昇, Indicator name 竣工引渡し棟数 / Value 11 buildings / Year on year against the same period last year +1 building |
| Number of employees | Number of Employees 151 people / Standard 2025年7月末時点・連結 |
| Assumptions Underlying the Business Outlook | 新築1棟投資用物件引渡し 37棟 |
| Medium-term management plan targets | Operating profit ¥5,200 million / Net Sales ¥45,000 million / Additional information 設立60周年に向け、2020年7月期から営業利益10倍を計画 |
| Financial targets | ROE 15% or higher / Actual results 19.8%（2025年7月時点） |
| Annual Dividend | ¥13 per share |
| New initiatives | 新築1棟投資用賃貸マンションの新ブランド『LOS ARCOS』を展開, 管理物件へのスマートロック導入, 千葉銀行とのコミットメントライン契約, 銀座の商業ビルを都市型高級レジデンスへフルリノベーション |
Items this document does not state (12)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.不動産開発事業での物件売却、サブリース物件の増加、安定的な工事受注・竣工実績により業績が改善した。経常利益については、約2億円の違約金収入が営業外収益として寄与した。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.